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Saarland (1.013 mil, 7.6% unemployment rate), from Wikipedia: > automobile industry, steel industry, coal mining, ceramic industry and computer science and inf

Saarland (1.013 mil, 7.6% unemployment rate), from Wikipedia: > automobile industry, steel industry, coal mining, ceramic industry and computer science and information systems industry. Bremen (547000, 10.2% unemployment rate), from Wikipedia (paraphrased) > Airbus, EADS Astrium, OHB-Systems, Mercedes-Benz, Beck & Co […] Anheuser–Busch InBev (Beck's Brewery), Kellogg's, Kraft Foods (Kraft, Jacobs Coffee, Milka Chocolate, Milram, Miràcoli), Frosta (frosted food), Nordsee (chain of sea fast food), Melitta Kaffee, Eduscho Kaffee, Azul Kaffee, Vitakraft (pet food for birds and fishes), Atlanta AG (Chiquita banana), chocolatier Hachez (fine chocolate and confiserie), feodora chocolatier Hamburg (1.8 mil, 13.9% unemployment rate), from Wikipedia (paraphrased) > Berenberg Bank, M.M.Warburg & CO and HSH Nordbank […] Port of Hamburg […] Blohm + Voss […] civil aerospace industry. Airbus […] E-Commerce […] Media businesses employ over 70,000 people

return0 14y ago
Come on, those are german cities/areas. These cities have harvested the best talent from the total german population (80 million) to come up so successful. Cyprus is 1/80th of that. And Germany has a huge science and engineering tradition, it didn't exactly form ex nihilo. I'm not saying it's not desirable to be well diversified, it's just unrealistic to do it overnight (or over-decade for that matter)
- claudius 14y ago
  Actually, Hamburg and Bremen are likely to be the least successful states in Germany with the larger southern states (Bavaria, e.g.) usually taking the lead when it comes to economic strength and wealth. And while there might be some sort of engineering tradition, that doesn’t mean said tradition is a prerequisite to form a diverse economy. The real lesson here is probably that, while size is not a sufficient prerequisite for economic stability, it might well be a necessary one.

return0 14y ago

Come on, those are german cities/areas. These cities have harvested the best talent from the total german population (80 million) to come up so successful. Cyprus is 1/80th of that. And Germany has a huge science and engineering tradition, it didn't exactly form ex nihilo. I'm not saying it's not desirable to be well diversified, it's just unrealistic to do it overnight (or over-decade for that matter)

claudius 14y ago
Actually, Hamburg and Bremen are likely to be the least successful states in Germany with the larger southern states (Bavaria, e.g.) usually taking the lead when it comes to economic strength and wealth. And while there might be some sort of engineering tradition, that doesn’t mean said tradition is a prerequisite to form a diverse economy. The real lesson here is probably that, while size is not a sufficient prerequisite for economic stability, it might well be a necessary one.